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Search Results 0 to 49 of about 117 (some duplicates have been removed)
thelevel of the tax cuts $1 million which is not the administration's position and it still is not. sometimes he plays fast and loose with the facts of the veal obama campaign calls them alive with net romney. i think paul ryan's should have pushed back. he was behaving in the rude manner the he should have been prepared he looked weak >> the moderator was explicit she did not give the vice president the scolding he deserved. had she done that it could have ended it. gerri: i hate to win best peop complained about the moderator. [laughter] great job. you made fantastic points. the smiling, other grimace, laughing, smirking. joe biden not making any effort to hide his emotions. it is great to have you here. the smiling the ridiculous laughing it seemed like a put down. >> condescension. child, young one. i ow what i talk about. he came across as stronger and more dominant. gerri: what do you make of when they walked out? to show the very beginning. >> the handshake was good. you can see from both positions. they're doing the same thing. they come out even they both look strong. gerr
currency and all of this one size fits all tax system and welfare programs that are killing the community. melissa: it's true but the common currency, that was a good idea for germany out of the gate. they sort of had this thriving economy. their currency was too strong. they wanted to sell to their neighbors but the problem was their neighbors currency was worthless. originally getting everybody on the same dime so to speak seemed like a good idea for them. now they're sort of stuck with the bill for all this. >> well the reality, that over time german productivity, dutch, northern countries grew more rapidly than in the south for a lot of geographic as well as cultural reasons. making the currency too expensive for greece to be competitive and very cheap, so the germans enjoyed great competitiveness. the only way this works if the southern countries have a huge trade deficit with the northern countries and can borrow money to make up the difference. they have been doing that for several years in variety of ways. government buying on mortgages in spain and the string ran out as it did in
crisis. >> 11 finance ministers in luxembourg agreed to pass a controversial tax on financial transactions. >> the nobel prize for physics goes to the scientists from france and the u.s. >> we began in greece where tens of thousands of angry protesters filled the streets of athens on tuesday to greet german chancellor angela merkel. >> it is her first visit there since the eurozone crisis erupted. she reaffirmed their commitment to keep the debt-ridden state inside your's single currency but offered no promise of further aid. >> a new report on the greek reform process is due next month, and in the meantime, greece is negotiating highly unpopular austerity measures. protesters blamed merkel. >> this morning's peaceful protest turned violent in their early afternoon. police used tear gas to disperse demonstrators. some 40,000 people took to the streets of athens to express their anger with the eu, the austerity measures, and the german chancellor. safely away from the protests, angela merkel said she understood the problems facing many greeks. she promised help as athens perfor
, it would have put construction workers back to work. why? it would have been an increase in taxes, not for most people, but for those who make a million dollars or more. making the investments in education, making the investments in research, and we make those investments together and build a future. that is what it will take over the long run to build a stronger future here in western massachusetts, all across the commonwealth, and all across the country. >> thank you. mr. brown? >> thank you. before i start, i want to thank the mayor for your endorsement and support. thank you both for coming. economy. the whole race is about that. we held one of our first jobs fares here because we want to connect people with jobs. when you put a title on a bill in washington that says jobs bill, you have to read the bill. those bills in particular were rejected in a bipartisan manner, and that means democrats and republicans recognize that by taking for under $50 billion in taxes out of the private sector and giving it to washington to increase government spending, that is not the answer. the
it meant getting none of what he wanted. jerry brown tax cut which was a flat tax rate on everyone. no progressivity and replacing all federal taxes with two flat rate taxes it was not revenue neutral and it had a little bit of positive revenue. i supported that all of the way because of the tremendous boon bye getting rid of the income tax and i think it would have been wonderful. we need to compromise on all of the issues but not until we have a good position. i don't want to compromise before we start the discussion. i think -- >> wait until the election. >> and then sit down with your people. you don't give away your fail back position before you start. >> we'll see. thank you very much. >>> and how the rest of the world, thank you. and how the rest of the world is viewing us and this and the back and forth and dismissing all of not that they are q. in great shape themselves. but we are hardly looking like fiscal jack lalanes. can what is happens over there happen over here? don't laugh and don't dismiss or go away. tdd#: 1-800-345-2550 let's talk about that 401(k) you picked u
. and paul ryan went right at the obama record and the issues, taxes in particular. and he won the warned the middle class, watch out, this president will take more of you. you'll see it on the program and astonished at this. the european union wins the nobel peace prize, yes, collapsing rioting europe wins for peace, incredible. "varney & company" is about to begin. >> ryan focussed on the issues and biden focusing on attacking and interrupting. you could argue either man won. one of the big moments when they were talking about taxes and listen to this exchange. >> the only way you can find 5 trillion dollars in loopholes is cut the mortgage deduction for middle class people, cut the health care deduction, middle class people, take away their ability to get a tax break to send their kids to college. that's why they-- >> is he wrong about that? >> he's wrong about that. >> how is that is it. >> you can cut tax rates by 20% and still preserve the preferences for middle class taxpayers. >> it's not mathematically possible. >> it is it's been done before like we're proposing. >> it's never
. i would say americanness the way. as the well, but does know the way. more efficient tax system would've created much more certainty and a whole bunch of policy. i still think it's doable. the leaders need to say we're going to do it. >> when you think of the outlines of something like simpson/bowles for sure and has to include something is entitlement reform, spending control, tax increases? >> most businesspeople are not partisan, not parochial. we can all spend 20% of the government. i think simpson/bowles is 21%. and none have an system. so simpson/bowles is a far more efficient tax system that gets this huge waste, fiction costs in our society, legal system, uncertainty. so yeah, we would have had better growth and simpson/bowles was four for one or whatever, close enough it would've been good enough. if you get the growth going again, gross people out. >> let's talk about gross. the united states has been out for several years growing at roughly half which you might call the modern historical rate and set up in mid-30s, we are courageous below to give her a tape. if you ar
the ability. america knows the way. the more efficient tax system. much more certainty. i still think it is doable. when you think of the alliance of something, is it your sense that it does have to include the entitlement reform, spending, control, tax increases. >> that the most people are not partisan or parochial. we can spend -- 21. 21 percent. obviously you have texas. so it's a far more efficient tax system. this huge waste. i call it fiction cost. no society. the legal system. uncertainty. so i think we would have had better growth. for for one or whenever it was. but it wasn't good enough. exactly right. growth will pay for a lot. >> less talk about it. the united states has been growing at roughly half what you might call the modern historical rate of economic growth. we are growing just below to giver take. if you are advising the next presidency, in a position to more broadly make the case publicly, coupled with things that we ought to do in order to generate double the rate of economic growth. one would obviously be some kind of a comprehensive budget deal. what else woul
means receives will go. is also said that is going to be able to tax loopholes. i'm not a tax expert, but it seems to me that there's an awful lot of those loopholes, and that will help. and again when we're only talking about essentially 1.4% of% of the entire problem, it se a doable doing to fix. you can't fix it in one year. you can fix in four years for sure. so at least i try to answer your question. now, i can't just sit back and listen to some of the stuff and be told in effect well, facts matter but you, dov, you just don't know any facts. first of all, one little fact, i really wonder whether mr. panetta who talked about the smallest number of ships since 1915, said that in a letter to your former boss, senator mccain, would really be happy to give this argument is ridiculous. wasn't a republican who made that case. it was mr. panetta. number one. number two, the navy is going to be bigger because i funded the ships that are being built. it takes a few years to get them out to see. look at the pattern of naval spending, and the number of ships over the next few years. the ai
, this is "democracy now!" >> we immediately went out and rescued general motors. we went ahead and major we cut taxes from the middle-class. in addition, when that occurred, what did romney do? m the romney said to let foreclosures hit the bottom rate is should not surprising for a guy who says 47% of the american people are unwilling to take responsibility for their own lives. >> with respect to that, the vice-president very well knows that sometimes the words do not come out of your mouth or by way. [laughter] >> but i always say what i mean. and so does romney. >> as vice-president joe biden and republican congress member paul ryan spar in kentucky, in their only vice-presidential debate, we break the sound barrier including two candidates shut out by the two men political parties. chicano writer luis rodriguez, the vice president to candidate of the justice party, and cheri honkala of the green party. >> there's a real crisis happening in this country. when corporations and the wealthy to pay someone to do child labor or slave wages, why would they pay the american worker a decent wage? >> and ga
. going to fix the fiscal clef and to tax reform at the same time. >> here is what i could see happening. some of your colleagues have mentioned this. you punt for six months. you delay the tough decisions, whether barack obama as read elected or mitt romney is for next year. >> i think their is a high likelihood that we extend the tax relief. this tax -- well, -- neil: the bush rates for everyone. i do believe that what happened. >> he bought it last year. neil: yap. no way now. >> we need him to lead, we don't need them to throw cold water on what could be i think the something where we do get together. the best time to get together is presidential election. i think there will be a bigger appetite for it. neil: an appetite for the more conservative members of your party? closing loopholes. not a tax hike. pan more taxes. there might be an appetite on the part of your democratic colleagues. in other words, after the elections dogmatic bygones are bygones. if you look at that looming debt and deficit, as far as the eye can see, i think we all realize that in negotiated settlement is goin
not have the will. a more efficient tax system, more certainty. i think we would have been booming. it's doable, but we need the leaders saying we're going to do it. >> when you think of something like simpson-bowles, do you think it needs spending reform, tax increases? >> we can all sit here. i think it is 21% and then you have an efficient tax system. it is a far more efficient tax system so it gets this huge waste, this coefficient cost, not a bad tax system, a legal system, uncertainty. you would have had better growth. i'd think it was four to one, or whatever it was, but close enough would have been good enough. it does not have to be exactly right. once. starting a down, it would pay for a lot. >> the united states has been now growing at roughly half of what you might call the modern historic rate of economic growth. we're growing in fiscal 2002, give or take. if you were advising the next president, be it obama or romney, to say publicly here are the few things we should do in order to generate economic growth, one would obviously be some kind of comprehensive budget deal, bu
. >> you can cut tax rates by 20% and still preserve -- >> not mathematically possible. >> it is possible and it's been done before. >> it has never been done before. >> it has never been -- >> jack kennedy lowered -- >> oh, be now you're jack kennedy? >> republicans and democrats have worked together on this. >> was that nervous laughter of the audience that you could hear? whol had to meet the threshold of competency and he did. biden scored points on substance. don't be surprised if we hear the most effective lines of attack from the president himself at next week's town hall-style debate in new york. the question is, how much was biden hurt on style. republicans did what they could to turn him into al gore, the eye rolls, sighs, that kind of thing. >> he reminded me of al gore in 2000 walking over and standing by president bush and getting in his face. >> i don't know if he thought it was a joke but he was laughing a lot. >> it was bizarre. i thought it was belittling. >> when the other side is spending their time tweeting and going after eye rolls and smirks, they are losing the deba
. >> reporter: or ryan's attempt to compare the mitt romney tax plan to jack kennedy's. >> jack kennedy lowered tax rates. >> oh, now you're jack kennedy? >> reporter: ryan was able to fire back with a few zingers of his own. >> mr. vice president, i know you're under a lot of duress to make up for lost ground. i think the vice president very well knows that sometimes the words don't come out of your mouth the right way. >> reporter: republicans in the post debate spin room tried to make the case biden failed not only on style. >> quite frankly i was embarrassed for the vice president. i mean, the laughs. we counted 82 times that joe biden interrupted paul ryan. >> reporter: but also on substance pointing to the vice president's response on whether there was adequate security before the attack on the u.s. consulate in libya. >> and they wanted more security there. >> well, we weren't told they wanted more security. we did not know they wanted more security. >> we just had a major hearing on this. that was one of the heart -- the heart of the point was these requests went unheated. and obviously
's got a lot of dough, and hasn't released any tax returns, zero tax returns i think. what did you find out, anything? >> billion in a prior story, not this story, when we looked at earmarks we did find earmarks that was very close to his undeveloped property. >> right, i saw a nice deal here on a land deal in 1998, 700 grand. anyway, just wondered. >> right, exactly. we have a whole host of stories that we've done that look more at this intersection between their duties and their personal assets and that's -- >> that's the best way, not with a couple of, you know, stock tips in congress. i like it ben they do the earmarks, where they buy something and then maybe check the former speaker, too. anyway, right? kimberly, thank you. appreciate it. >> thank you very much for having me. >> all right, see you. >>> oh, it's me. coming up, this morning's top stories set to foreboding music. the rails for the white house, both hitting the campaign trail. former governors face off in the issues and former hp boss carly fiorina, why she calls the board a serial dysfunction, and not like cereal. you
as a lone voice. she as argued for years for discipline and tax on financial transactions 1. 1 euro zone countries will go ahead with the tax. and they twawant to curb speculative trading and raise revenues for crises that might pop up. finance ministers from spain, italy, slovakia and estonia all threw their weight behind the plan. that brought the number of supporting countries to 11. but european union representatives from britain and netherland are opposed. and won't be implementing the tax. european commission officials say they will propose common rules on the tax when the finance ministers meet again next month. >>> top officials from world of finance, of course, when people at the meetings look around. they might notice some of the colleagues are absent. the finance min steshgs governme -- minister will not attend, many believe the chinese are protesting. conference officials say finance minister, xuchlt ren and governor of the bank of china, xiaochuan will skip the event. saying zhou had a scheduling confli conflict. reporting the nation's deputy bank governor and finance minist
, sitting next to him, not having dinner, sitting next to al gore is taxing. it is really unpleasant. we asked him what was going on in the white house and he said 1%. i believe it is higher. but if we step back, we often don't know what is going on. that is the dilemma. i want to talk briefly and then answer questions about her new book that i have done, which is just out, called the price of politics. it is about 3.5 years of negotiations between the obama white house and the republicans in congress and the democrats. how they essentially tried to bring the federal government's financial house to some kind of order. the answer is they failed. we have a federal government whose financial house is in total disorder, total disarray. it is a historic problem. to try to put it in english, we have a trillion dollars of iou outstanding in the world. the negotiations, they agreed to raise what they call the debt ceiling, so the government can borrow a couple more trillion dollars. we are going to run it run out of that borrowing authority january or february of next year. they're going to have
that can bring these sides together in a compromise. the second point about fairness and tax, i think it was mr. bowles who said -- no, it was lloyd. he said, i'd pay more taxes, but they'd have to show they'd treat my extra money in a responsible fashion. amen to that. >> what do you think about the idea that if president obama got elected it would be easier to get a deal done because he would no longer worship the god of re-election? >> i think one thing that's missed by everybody is no matter who's elected, the math is the same. i think it's starting to don on romney there's no free lunch tax cuts. for obama, there's no free lunch from raising taxes either. they're both going to face, i think, very similar realities. as i like to say, the math is inexrabble. >> it isn't the same. the math isn't the same. i believe that if you do the right thing, you broaden the tax base, you take away the loopholes, i think that there is a nonstatic aspect. there's economic growth that can make up a difference, which is at the epicenter of that 5 trillion number. >> not just that, they both have ve
-the-board tax cut. >> you can cut tax rates by 20% and still preserve these important preferences for middle-class taxpayers... >> not mathematically possible. >> it is mathematically possible. it's been done before. it's precisely what we're proposing. >> ( laughs ) it has never been done before. >> it's been done a couple of times, actually. >> it has never been done before. jack kennedy lowered tax rates, increased growth. ronald reagan... >> oh, now, you're jack kennedy. >> woodruff: abortion also figured as a key issue in the debate. both men are catholics, and they were asked to describe their position, based on their faith. >> i don't see how a person can separate their public life from their private life or from their faith. and i respect people who don't agree with me on this. but the policy of a romney administration will be to oppose abortion, with the exceptions for rape, incest, and life of the mother. >> life begins at conception. that's the church's judgment. i accept it in my personal life. i just refuse to impose that on others, unlike my friend here, the congressman. i do n
%, failed to 10 mitt romney on his tax plan. i would be very able and willing not only to confront the president but reflect and say this is your record, your inability to lead and a result of your policies. connell: we know the present -- we think the president will not be as aggressive as joe biden but may use the same language. did paul ryan responded right way? should be doing differently next week? >> paul ryan hit it exactly right particularly when the vice president came after him about taxes and medicare. paul ryan said actually is you had your hand in a piggy bank and you are the ones taking money out of medicare. they need to be ready for this because they don't want to run on their record. they want to run on the fear mongering approach and talking about taxes and class warfare something they have been effective on. dagen: going negative has worked. >> unfortunately for the president and joe biden there likability has kept them around a 50% market. now that you see these ads with the vice president being the attack on people say the economy has not gotten better. we like
this november it seems. proposition raise taxes and fund schools. we look tonight at how they differ and why the opponent plan could be pilfered by politicians. >> also here. former coach sandusky sentenced to decades in prison. the victims response and why sandusky attorney says he lost the case. >> accu-weather forecast cente center. not only a chance of showers developing by tomorrow but maybe even thunder showers. accu-weather forecast coming up. >> thanks experience. also tonight. old and hidden note discovered in yosemite national park. connects 2 people 40 years apart. how the stories years apart. how the stories >> that is the sound of about 100 canister of eevter blown up today in calistoga. the crate of canister found yesterday by a cleaning crew at the napa county fairgrounds. but because of its volatility the sheriff's department decided it was safer to just blow it up right there than to try to move it around. sheriff's department officials say the eevter was packaged in 1957 and belonged to long forgotten stash of disaster supplies. it had been stored at the fairgro
than three million new jobs. many of them in manufacturing. my tax reform plan to lower rates for the middle class and for small business creates seven million more. and expanding trade, cracking down on china, and improving job training takes us to over 12 million new jobs. i'm mitt romney, and i approve this message. goodbye to the worst kicker. >>> two new voices in the maryland casino debate. today university of maryland backed the push to expand gambling in the state. >> at the same time, some redskins fans objected to the team owner's support for a new casino in prince george's county. chris gordon has both sides of the debate. >> reporter: montgomery county educators as well as business and elected leaders came to campus today to make a point. supporters of question 7 say expanded gambling will mean hundreds of millions of dollars for education. money being spent by maryland residents in the casinos of neighboring states. >> there was a study that came out today that suggested $1.2 billion that marylanders are spending, that marylanders are spending in west virginia. >>
. they pay more effective tax down governor romney does. >> the two clashed over foreign affairs. ryan says the killing of the syrian ambassador prove that his policies are wrong. >> it makes us more we can project weakness. our adversaries are much more -- >> with all due respect, that's a bunch of malarkey. >> his campaign certainly needed a boost. >> more on the surprise announcement about the nobel peace prize. >> don't go away. >> produces high quality seeds, starting small. >> we have the trust. we have proved to the bank that a woman can be equally competitive. >> worldbank.org/gender. >> many european leaders are delighted that the eu has won the nobel peace prize but it comes at a time when they are facing the biggest financial crisis in its history. >> many politicians feel the monetary union should be extended to create more fiscal integration within the bloc. they are adamant the currency remained at the heart of the european unity. >> 7 symbolizes the dream of european unity like the euro. although it has been decried as the problem child, that have kept their most important pr
. >> there fore, a willingness to for example, allow taxes to rise to do a deal? >> maybe -- yeah, exactly. maybe a little bit more willingness to do a deal, more awareness of the real world financial market implication of what they are talking about barack obama might be in a dealmaking, he is thinking about his legacy and kick off his second term. >> hope they do a deal eamon, thank you very much. >>> you might think silicon valley is thousands of miles away from the political action in d.c. but new technology and new companies are having a big impact on this year's political races. cnbc's julia bore citizen joins wuss a look at what they are doing and how they are trying to, julia to cash in. over to you. >> well, simon, some of facebook's biggest backers, sean parker, ben who are wits and peter thiel are betting that it can change politics the way facebook changes the people interact. who a horowitz and packer are on a board of a company that sell seles communication via e-mail . >> general purpose, prime-time software product and deliver at this to the market in a nonpartisan way has taken a
to convince other countries to join them in setting up that transactions tax. they're two short of the nine needed to push ahead with the plan. malta is also tough. somebody was just meeting in luxemburg, which is a small place. i don't know if it's bigger or smaller than liechtenstein. >> have you been to luxemburg? >> no. you? >> no. >> several considering a transactions tax separately because an eu agreement appears impossible at this time. wow. i should say becky and then are you supposed to say thanks, joe. >> i was going to skip that part. >> at your own peril. >> thanks, joe. >> french man and american for developing and inventing methods for observing tiny particles without destroying them. which is nice. you don't want to while you're studying something destroy it. ground breaking experimental enable measuring and manipulation of individual quanti quantum subpoenas. not maybe the latest stuff with the god particle, very close to the unified theory, but very exciting. you need a big, big -- >> interaction between light and matter. >> how do they not break it? >> hard to believe that
in three years. and they're going to see higher taxes. that's a lump of coal for any anniversary. rather than focus on the negatives in alcoa, focus on the fact they have asian exposure, european exposure. focus on the positives. financial engineering is back in this market. some of the parts for a company like alcoa exceed the value. >> you're making excuses for alcoa even before the ceo comes on. i like that. bob, what do you make of the action? put it in perspective, five years compared to now. >> the dow jones industrial average went from 1500 to 750. that was cut in half. that certainly was a disaster. >> you mean the s&p? >> the s&p, excuse me, bill. nonetheless, bottom line is holding on from that point to here, you can say, yeah, does buy and hold still work? that's what everybody's interested in. i think the evidence is it certainly does, but you have to have long periods of time to look at it. i'm not so impressed that we're not anywhere where we were 12 years ago. if you invested on a regular basis from now through the bottom, i think you'll find you have not done so bad here,
government. our government taxes and spends out of control and our civil liberties are constantly under attack. we can fix it, but we need to get government back into its cagae. >> our final opening statement is from jeff flake. >> good to be here. two days ago, cheryl and i received a wonderful phone call from my son syan and forming as we are grandparents. aidan was born into a wonderful family, but he was born into $50,000 of debt. his share of the federal debt we all hold. that is why the stakes in this election are so high. we have to have somebody who understands fiscal discipline. that has been my record in the house of representatives, where i fought my own leadership on issues like earmarks. they punish me for it, but i kept at it and we do not have earmarks any more. that is the kind of attitude i will take to the united states senate. my opponent have a great rÉsume a. but a great resonate is not a plan. he has been running for a year now and we do not know where he stands on the major issues of the day. we have a choice in this election. we can elect somebody who does not h
in the consumption tax will not keep japan out of trouble. the economists released their latest report on the fiscal outlooks for various countries. they're predicting japan's debt will rise to nearly 2 1/2 times gdp in 2013 no. now, lawmakers passed a bill to double the consumption tax rate to 10% by 2015 but the imf report says that's just not enough and calling on leaders to carry out additional large-scale tax hikes along with spending cuts and saying japan really needs to generate at least a quarter of a trillion dollars in revenue over the next ten years. that would add up to more than 5% of gdp. here is an interesting sidenote. chinese bankers had planned to be here but they're going to be staying away. state-run xinhua news agency says the bankers are protesting against japan's nationalization last month of islands in the east china sea. japan controls the senkaku islands. chinese leaders say the territory belongs to them. representatives of bank of china, china construction bank and agriculture bank of china will all be skipping the meetings. xinhua quoted a chinese commerce ministry offici
of reducing tax marginal tax rates and increasing revenues and the cost it might add to the deficit is criticized as being non-specific. how do they respond to that? >> governor romney has laid out a framework. any time you have a plan such as this, you don't want to put all the details out there because there are negotiations that need to take place. the framework has been looked up by six different independent organizations including those from harvard and princeton. to say this plan will work. so the details don't need to be out there right now. the framework is very clear about what mitt romney and paul ryan want to do to strengthen our middle-class. >> gregg: i might say that the tax policy center which is cited by the obama campaign it's going to cost five trillion has been said by the director of the to be completely untrue. let me move on. the president has added two new things to his campaign speeches. he tells his audiences he says romney wants to kill big bird but more credibly he points to the unemployment rate that drops below 8%. it shows the economy under his leadersh
they reported in second quarter. blaming lower margins, hurricane isaac. aft tax charges in there as well, melissa. 3.5 million bucks worth that we'll know for sure november 2nd when they report full third quarter earnings. shares down after-hours on word from chevron. back to you. melissa: thanks, robert. california's gas price crisis. as we've been telling you the gas prices in the golden state have just exploded. now it is dirty gas to the rescue. governor jerry brown approved a plan to let gas stations sell the winter blend a month early because there is plenty of it. even though the winter blend creates more pollution. which is why you're not supposed to use it when temperatures are cooler. sacrificing the environment to solve problems. would you think californians would get on their exboo, i don't know. let's turn to the former press secretary for arnold schwarzenegger on this. i'm being a little sar castic i think california deserves it. i'm so surprised. rather than carpooling. rather than getting on buys kest and telecommuting and working from home. they're using gasoline with mo
70% of the price of a gallon of gas. there are other things, marketing, taxes, things like that. we don't know the cause but we know one thing, the oil companies fully integrated make more money when the price of gasoline is higher. so, it's certainly more than coincidental that the price of gasoline stays higher longer than the price of oil. there's no evidence to show that there's something -- that there's a legitimate effort by oil companies to keep gasoline prices higher. it is certainly suspicious and certainly profitable for the oil companies. >> sterling, what's going to get gas prices down? that's all people care about. they keep hearing oil prices are going down, yet they drive to the pump and pay $4.50 or $5 a gallon? >> well, you can work three end of it. you can work it, supply. you can work on demand. and we're doing both of those. and you can work it volatility, which is a huge, huge factor. as i said, gas -- most of the retailers in my area are independent retailers. they don't lock in long-term or can't lock in long-term oil/gasoline contracts. >> but how much -- >>
to taxes and he wants to beat up on big bird. what governor romney says, you saw him pivot again today, he says well, that's just one example but you have to give examples and you have to start making choices. we have to review everything and we can't keep from china. it helps both of them. conservatives love to hear their candidate beating up on pbs, on government subsidies, saying i'm going to look at everything and cut, and if you're obama and trying to reach those moderate suburban women and keep them with you, their children probably watch big bird. >> gloria, john king, thank you very much. let us know what you think. we're on facebook. follow me on twitter. i'm tweeting in this hour. >>> up next, an exclusive interview with mitt romney. wolf blitzer sat down with him, asked him what president obama did not about the now famous hidden video in which mr. romney writes off the 47%. >> i'm curious, governor, how did that evolution in your thinking go on from the initial reaction, once that tape came out, to what you said the other day that you were completely wrong? [ woman ] ring. ring
Search Results 0 to 49 of about 117 (some duplicates have been removed)